how much return you expect from commodity market

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cotton

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dear cotton,
i just wanted to know ,buy writing this ,from you, that what was the first move for a small invester like you and me,which he should have picked up in the morning,its your job to tell me and ask ,weather you are write or not, but now, i am telling you, it was copper to be picked up at 436/50 and to be squared up at 440/50, no second trade was required ,for a small invester for to day.now read the charts and tell me, why copper ?
First Copper Opening Was Less than the Closing...Clsong of the First 1 hr was above the Opening Price...
2nd @435.94 has been supporting the the current swing trend...
 
3rd it traded around the Pivot Value which was 438.60..and the support was at 435...
from where you are calculating ,support 435/- and pivot value 438/60,both wrong, but one thing i liked, that is you thought regarding pivot support!!!!!iI would like to tell you one thing,EOD trader, who dont use swing chart,always take the work of swing chart ,from eod pivot support,both serve the same purpose,eod pivot support gives better result then swing trading charts,so concentrate on EOD pivot support best of luck
 
3rd it traded around the Pivot Value which was 438.60..and the support was at 435...
calculated the pivot of the yesterday lowest bar....
S1 436.95 - Broken
S2 436.4 - Broken
S3 435.3 - Did not Break...
got it YOUR DIRECTION OF THINKING IS ABSOLUTLY WRITE KEEP IT UP !!!!I will give detailed reply of it tommorow,but broadly it looks, your way of thinking is write , it will serve your purpose,very well try !!!!
 

cotton

Well-Known Member
from where you are calculating ,support 435/- and pivot value 438/60,both wrong, but one thing i liked, that is you thought regarding pivot support!!!!!iI would like to tell you one thing,EOD trader, who dont use swing chart,always take the work of swing chart ,from eod pivot support,both serve the same purpose,eod pivot support gives better result then swing trading charts,so concentrate on EOD pivot support best of luck
okay..EOD Pivot was 438.45?
 
okay..EOD Pivot was 438.45?
i will check it tommorow, but i think you are using the formula high+low+closing price/devided by three if used this then you are write,THESE ARE THE POPULAR TECHNIQUES USED IN 2000, NOW IN 2011 , IF YOU WANT TO BE AT TOP ,THEN ALWAYS TRY TO USE SOME OF THE HIDDON SYSTEMS , LIKE HIDDON SYSTEM OF PIVOT POINT SUPPORT, WHICH YOU WILL NOT GET FROM INTERNETT,BUT JUST BY READING THE MINDS OF SENIORS, VERY VERY DIFFICULT TASK, BUT KEEP IT UP, TOMMOROW IS YOURS !!!!
 
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